This trading system had it last year particularly difficult, because day pattern needed for the trading success in the currency pair EUR/USD occurred much less frequently than in previous years. Accordingly, the system, which is offered in Germany about the trading systems portfolio management in Bad Homburg could finish the year 2011 only with loss (- 12.9%). Yet portfolio shows A a lower drawdown in comparison to the pure Dax history: there are approx. 2.5% points to the loss could be cushioned by diversification. A large buffer effect during the worst phase of German shares in the past year also originating from the House of PP brokerage stock managing long / short and the trading system shows similar to PC breakout of the Cologne asset manager portfolio concept. Individually considered, succeeded in both systems 2011 in the plus and end the maximum drawdown to keep low. It is noticeable in the use of a DAX portfolio these managed accounts on the one hand to help mitigate the loss of the index, soak in the following to the end of the year recovery of the German stock market index in the portfolio but not braking on the value. Instead, they consider the portfolio value the mixed portfolio faster in the direction of the initial value.
MTS invest of the Swiss managed account specialists inter core financial has completed the past year totally unmoved by the debt crisis. The damping characteristics in the use of a mixed portfolio are correspondingly large. The 15% employed in our tests-Beimischungen have for MTS invest nearly enough to compensate for the complete loss of DAX at the end of the year. The deposit mix as at 31 December in the minus recorded only 1 percentage point. Systems, which in the hot phase of the debt crisis in September not only completely by the index history could detach itself, but Contrarily have used this phase are also interesting.